Page 301 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget

Section 9 Capital Project Funds
Municipal Facility Project Fund Overview

This project will provide an iconic Fire-EMS Station, which includes 4 bays, sleeping areas for staff
members, kitchen/ food preparation, storage, multi- purpose space to serve as a community/ staff
training, EOC room and offices for administration.

The station is estimated to be approximately 18K square feet of usable space and would also
include the Town's Emergency Operations Center ( EOC) with a back-up generator for sustainability.
It does not include any apparatus or a fire training facility. The project includes the acquisition of
land by private donation,

Revenues and Other Sources
There are not budgeted revenues for FY18/ 19.

Operating Expenditures
There are no budgeted operating expenditures for FY18/ 19.

Non-Operating Expenditures
Budgeted to be $2,399,630. This represents a 67% decrease from the prior year estimated.
o The projected is projected to be completed in February 2019.

Fund Balance
Excess revenues over(under) budget are projected to be ($2,399,630)
Beginning fund balance is projected to be $3,829,956
The ending fund balance is projected to be $1,430,326

287